IMF urges Tory government to reverse huge tax cuts that ‘will likely increase inequality’
‘The IMF statement is very serious, and it shows just what a mess the government have made of the economy.’
Inequality
Gordon Brown’s superb Twitter thread on the scale of poverty and inequality in the UK
‘The low paid get just £550 in government help, despite facing £1,300 rise in fuel bills not to mention other costs’.
Prem Sikka: This mini-budget will only increase inequality and poverty
The biggest winners are corporations and the rich. As a result, the government’s borrowing will surge from £72.4bn, to £234.1bn, but won’t provide details of the impact on current and future generations.
Why Kwasi Kwarteng’s mini-budget is only for the richest 1% while failing the most in need
There was more in this mini budget for bankers than there was for children living in poverty.
Prof Prem Sikka: Visiting pawnbrokers showed me just how much people are struggling during the cost of living crisis
‘My brief visits to pawnshops are by no means a scientific study, but they do provide a glimpse of the tragedies inflicted by years of maldistribution of income and wealth, poverty, inequalities and obsession of privatisation which has left many teetering on the edge.’
The only chart you’ll need to prove Tory levelling up is a sham
So much for levelling up…
Earnings gap between those who were on free school meals and privately educated peers revealed
Even when those who were on FSM have the same qualification level, educational attainment and labour market experience as their private school peers, FSM students earn 20% less than an independent school student at age of 30.
Radical Roundup: 10 stories that have got buried – Week 4, July 2022
The news you didn’t see this week…
Isn’t it time for further legislation to tackle social class inequality and classism?
According to the Social Mobility Commission, even when those from working-class backgrounds have the same education attainment, role and experience as their more privileged colleagues, those from poorer backgrounds are still paid an average of £2,242 (7%) less.
Radical Roundup: 10 stories that have got buried – Week 3, July 2022
The news you didn’t see this week…